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Analysts' Rating And Target Changes: ARW, CBL, CRM, FB, FWLT, HSP

 December 11, 2012 12:29 PM
 


(By Balachander) A number of stocks were downgraded and price target changed by equities research analysts on Tuesday.

Arrow Electronics Inc. (NYSE: ARW): CLSA downgraded its rating on the stock to "underperform" from "outperform". Shares retreated 1.21 percent to trade at $38.46.

CBL & Associates Properties Inc. (NYSE: CBL): Goldman Sachs downgraded its rating on the stock to "neutral" from "buy". Shares shed 0.45 percent to trade at $22.37.

Facebook Inc. (NASDAQ: FB): Capstone raised its price target on the stock to $35 from $26. Shares traded 0.50 percent higher at $27.98.

[Related -Yahoo! Inc. (NASDAQ:YHOO): What Will Drive Future Revenue For Yahoo!?]

Foster Wheeler AG (NASDAQ: FWLT): Lazard Capital downgraded its rating on the stock to "neutral" from "buy". Shares added 0.63 percent to trade at $23.87.

Hospira Inc. (NYSE: HSP): Goldman Sachs downgraded its rating on the stock to "sell" from "neutral". Shares lost 0.37 percent to trade at $31.91.

salesforce.com Inc. (NYSE: CRM):  Susquehanna raised its price target on the stock to $185 from $175. Shares rose 3.92 percent to trade at $164.63.

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